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A Michigan seven (7) or thirty (30) day notice to quit, pursuant to M.C.L.A. 600.5714, is a form used by property owners to inform a tenant that they are in material breach of their lease agreement, such as in instances where excessive damage to the property or to another person occurs or upon a general…

A Michigan 7-Day Notice to Quit (Non-Payment), also called a “Demand,” is a rental notice used to inform a tenant of unpaid rent, which they will have 7 days to cure the breach. If the tenant decides to move out within 7 days, they may still be liable to pay rent. The state of Michigan…

A Michigan promissory note template is a form used to help ensure a lender of a monetary balance is reimbursed the amount plus interest in a timely and orderly fashion. To motivate the borrower for making payments, both parties will agree on details regarding late fees, default interest rates, acceleration time frames, and items for…

A Michigan unsecured promissory note is very similar to the secured version offered for Michigan but differs in the amount of security offered to the lender. Both parties will agree on all the aspects of the agreement, such as payment types and the cost of late fees, to help ensure timely payments are made. If the…

A Michigan secured promissory note brings two parties together in a binding contract that outlines how a borrower of a monetary balance will reimburse a lender. The lender in the transaction makes a profit by receiving interest on top of the original loaned balance. Also included in the template is a section for security, which sets…

A Michigan living will, or “Document Directing Health Care,” allows a person to make instructions in the event they should become terminally ill or permanently unconscious. The instructions refer to medical preferences, such as, to provide or withhold life-sustaining treatment options. Signing Requirements – There are no statutes governing living wills in Michigan. Although, it…

A Michigan small estate affidavit is a document that allows a petitioner, known as an “affiant,” to stake a claim on property from the estate of a deceased loved one, known as the “decedent.” In Michigan, this process is available to estates that have a value of $15,000 — as adjusted for cost of living…

A Michigan last will and testament is a legal document that directs how a testator’s (person to whom the will belongs) real and personal property, fiduciary funds, digital assets, and other financial accounts will be distributed after their death. Testators can select their designated beneficiaries on the will document and stipulate detailed instructions regarding the…

A Michigan deed is a legal document used to convey property from an owner to a purchaser in Michigan. The person selling the property is often called the “grantor” while the person buying the property is called the “grantee”. There are different forms of deeds depending on the situation involved. Warranty deeds come with some…

The Michigan living trust acts much in the same way as a Will, with certain important differences. Whereas a Will necessitates a court to probate (litigate and approve) and distribute an estate to its Beneficiaries, a living trust avoids probate altogether. In signing their living trust, the Grantor signs over all of their assets and property…